New Rise Reno SAF Facility, 2025XCF Global shared its strategic plan to invest close to $1 billion (€0.86 billion) in developing a network of SAF production facilities - expanding its US footprint, and advancing its international growth strategy. From inception, approximately $350 million (€300 million) has been invested to bring New Rise Reno online which has created approximately 60 full-time management, engineering, and related jobs in the Reno-Tahoe area. "We're not simply dreaming about decarbonising the aviation industry - we're building it right now," said Mihir Dange, chief executive officer and Board Chair of XCF. "With over $350 million already invested through New Rise Reno, we've proven that we can bring large-scale, commercial SAF production online. Our strategy is to invest nearly $1 billion over the next three years to develop multiple production facilities that will deliver real volumes, real revenue, and real impact for our shareholders."